Trump's Return: A Potential Shift in Global Oil Dynamics

The potential re-election of former President Trump could benefit oil companies by rolling back regulations, but may also lead to higher gas prices if he imposes stricter sanctions on Iran. Analysts suggest that while geopolitical tensions could cause price spikes, the U.S. might mitigate this by increasing drilling. Despite these risks, gas prices are expected to remain around $3 per gallon, with a possible decrease by the end of the year.